TradingView
lifato
Dec 26, 2019 2:28 PM

50-50 chance trade on CXO. Great momentum Long

Description

Basically I can see CXO goes to 100 with anticipation to the q3 results,
Strong resistance at 71-73 and therefore our stop will be at 71.

It isn't the best risk-reward entring point but I will look closely on every drop for sizing up my position.

Yellow area - still buying opportunity
The RSI shows overbought so be patient,
More